Kustom Entertainment Reports $2.3M Q3 Net Income Amid Live Entertainment Pivot
Key Facts
Kustom Entertainment reported net income of $2.3 million for the third quarter of 2026. GlobeNewswire reported that the company's revenue increased by 57%, while stockholders' equity more than tripled since the end of 2025. These results follow the company's completion of the sale of its legacy video solutions business to Cycurion in August 2026, as part of a strategic pivot to become a pure-play live entertainment and ticketing enterprise.
KUST closed at $3.42 on November 9, 2026, while CYCU, which acquired the legacy business, closed at $2.47 on the same date. The financial results indicate a strengthened balance sheet following the divestiture of legacy overhead, with the company now focused on building its schedule of live event days for 2027.